A possible reduction for Medicare Part B premiums is still in play

But don’t count on it.

Source: A possible reduction for Medicare Part B premiums is still in play

In fact, reducing the premium now or in 2023 is not a good idea.

Medicare costs will always go up, it’s pay now or pay later. The actuaries base future premiums on their best estimates assessing many variables. If the current Part B premium turns out to generate more than the required 25% of part B spending, then future premium increase may be lower.

However, if the current premium is accurate – regardless of the affects of the Alzheimer’s drug- and is reduced, there will have to be catch up premiums in the future.

The $170.10 premium has been in effect for five months, let it be and reassess the entire Part B cost situation for 2023.

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